Remaking once solid investing strategies for today’s markets

Martin Pelletier: Buy the dip, buy and hold, and the 60/40 portfolio can be reconfigured to prevent further harm to your portfolio Can you imagine buying Zoom Video Communications Inc. when it was worth more than Exxon Mobil Corp. back in October 2020, or even buying it as it sold down? Photo by Justin Sullivan/Getty… Continue reading Remaking once solid investing strategies for today’s markets

GameStop Stock Volatility Ramps Up Ahead of Q1 Earnings | Kiplinger

GameStop (GME, $139.66) has been in focus recently as shares of video game retailer have been volatile. Specifically, shares are up almost 72% from their mid-May bottom near $81 (though they’re still down 10.6% on a year-to-date basis). While not nearly the parabolic moves GME made when it earned its status as a meme stock… Continue reading GameStop Stock Volatility Ramps Up Ahead of Q1 Earnings | Kiplinger

MoneyGram wants to use stablecoin USDC to ‘build a bridge to crypto’ for money transfers — even after the Terra meltdown

MoneyGram will still add stablecoin USDC to its money-transfer services despite the Terra collapse. “We’re trying to be a bridge from the crypto world to the fiat world,” CEO Alex Holmes told Bloomberg. Meanwhile, MoneyGram wants to get involved in bitcoin transfers to El Salvador, where remittances make up 20% of GDP. Loading Something is… Continue reading MoneyGram wants to use stablecoin USDC to ‘build a bridge to crypto’ for money transfers — even after the Terra meltdown

Tesla short sellers have made $8.2 billion betting against Elon Musk’s company this year as tech stocks crashed

Short-sellers have made $8.2 billion betting against Tesla this year as tech stocks tumbled, according to new data. Investors racked up $62.5 billion betting against Nasdaq 100 companies in general, Ortex research found. It’s a turnaround for short-sellers, who were burned by the surge in Tesla among others in 2020 and 2021. Loading Something is… Continue reading Tesla short sellers have made $8.2 billion betting against Elon Musk’s company this year as tech stocks crashed

The Cheapest and Most Expensive U.S. Airports

If you’re traveling on a budget, start with the airports with the lowest average fares. If you’re traveling on a budget, start with the airports with the lowest average fares. The bargain-basement airfares of the past couple of years are over, and to find a cheaper flight, you’re going to have to work all the… Continue reading The Cheapest and Most Expensive U.S. Airports